FOR SALE
21/12/22
505421
93523 / Rightbiz
Rental income £42,000 per annum with increases built-in
Popular public house in mature residential area
Good trading location on main road just off high street
Property appointed to good standard
10 year term from August 2023
Freehold investment £495,000 or nearest offer
SEDGLEY, WEST MIDLANDS - PROMINENT INVESTMENT PROPERTY PRODUCING ANNUAL RENTAL INCOME OF £42,000 WITH BUILT-IN INCREASES
Sedgley resides in the north of the Dudley Metropolitan Borough and stands astride the A459 between Wolverhampton and Dudley, part of the Black Country within the Birmingham conurbation. It has a busy town centre with a number of retail and licensed premises attracting many corporate operators.
The White Lion sits on Bilston Road just off the high street and is a substantial property that is reputed to have been a public house since the early 1700’s. The property appears to be of brick construction with partially rendered elevations under a pitched slate roof. It stands in ample grounds having off street parking and trade garden.
The property is let for a term of 10 years from August 2023 on a full repairing and insuring basis producing a rent of £42,000 per annum exclusive of VAT, which increases by £1,000 p.a. until it reaches year 5. The rent is then fixed until the last two years of the term, at which point it is Index Linked.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'SEDGLEY, WEST MIDLANDS PROMINENT INVESTMENT PROPERTY PRODUCING ANNUAL RENTAL INCOME OF £42,000 - 93523 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.